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London close: FTSE falls as defence firms, oil majors slump on Ukraine peace hopes

By Michele Maatouk

Date: Tuesday 16 Dec 2025

(Sharecast News) - London stocks fell on Tuesday, with oil giants and defence firms pacing the decline amid hopes of a Ukraine peace deal, as the latest UK and US jobs data underpinned rate cut expectations.
The FTSE 100 ended down 0.7% at 9,684.79.

Long-awaited non-farm payrolls data released earlier...

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